Flexible Health Benefit Spending Account Sample Clauses

Flexible Health Benefit Spending Account. (a) A Flexible Health Spending Account shall be implemented for all employees eligible for benefits pursuant to Clause 28.04, on January 1st of each calendar year.
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Flexible Health Benefit Spending Account. The following shall apply:
Flexible Health Benefit Spending Account. (a) A Flexible Health Benefit Spending Account shall be implemented for all employees eligible for benefits in accordance with Article and A sum of five hundred dollars ($500.00) per each regular full-time employee shall be allocated by the Employer to a Flexible Health Benefit Spending Account for each eligible employee effective January of each calendar year. This Flexible Health Benefit Spending Account shall be provided to regular part-time employees on a pro-rated basis, based on their annualized regularly scheduled hours of work as of January of each calendar year. Any unused allocation in an employee’s Flexible Health Benefit Spending Account as of December of each calendar year may be carried forward for a maximum of one (1) calendar year. The Flexible Health Benefit Spending Account may be utilized by employees for the purposes of receiving reimbursement for health and dental expenses that are eligible medical expenses in accordance with the Income Tux Act and are not covered by the benefit plans specified in Article and Where the Employer chooses to contract with an insurer for the administration of the Flexible Health Benefit Spending Account, the administration of the Account shall be subject to and governed by the terms and conditions of the applicable contract. The Flexible Health Benefit Spending Account shall be implemented and administered in accordance with the Income Act and applicable Regulations in effect at the time of implementation and during the course of operation of the Flexible Health Benefit Spending Account.
Flexible Health Benefit Spending Account. The Committee will endeavour to reach consensus on recommended changes to benefit plan design and administration by October Recommended changes will be forwarded to the respective principals for approval. If changes satisfactory to the parties are agreed through this process, the Health Benefit Spending Account will increase to six hundred dollars ($600.00) effective January ON BEHALF OF THE EMPLOYER ON BEHALF OF THE HEALTH SCIENCES ASSOCIATION OF ALBERTA DATE: December DATE: December LETTER OF UNDERSTANDING BETWEEN SERVICES and HEALTH SCIENCES ASSOCIATION OF ALBERTA (hereinafter referred to as the Association) RE: PROFESSIONAL DEVELOPMENT ALLOCATION Eligibility Regular employees will be eligible for the effective April I of each year provided they meet the following criteria:

Related to Flexible Health Benefit Spending Account

  • Flexible Spending Account The parties agree that the State shall have the right to use State Employee Health Plan funds to cover the administrative costs of operating the medical and dependent care flexible spending account programs.

  • Health Spending Account contributions by the Executive will cease on the Effective Date. The Executive may submit claims against the balance accrued to the Effective Date, until the end of the calendar year in which the Effective Date occurs.

  • Flexible Spending Accounts Employees in the unit shall have access to the County’s flexible spending account program, which provides employees with the options of dependent care assistance benefits with a calendar year maximum of $5,000, and medical expense reimbursement benefits with a calendar year maximum of $2,400. The County shall maintain this plan in compliance with IRC §125. Employee premiums for flexible spending account benefits shall be deducted on a pre-tax basis from employee pay.

  • Retirement Plans In connection with the individual retirement accounts, simplified employee pension plans, rollover individual retirement plans, educational IRAs and XXXX individual retirement accounts (“XXX Plans”), 403(b) Plans and money purchase and profit sharing plans (collectively, the “Retirement Plans”) within the meaning of Section 408 of the Internal Revenue Code of 1986, as amended (the “Code”) sponsored by a Fund for which contributions of the Fund’s shareholders (the “Participants”) are invested solely in Shares of the Fund, JHSS shall provide the following administrative services:

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